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Industra Bank AS (Latvia)

Main Activities: Commercial Banking
Full name: Industra Bank AS Profile Updated: June 22, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Russian Download a sample report

Industra Bank AS (until 2020 Meridian Trade Bank AS, until 2014 SMP Bank, until 2008 Multibanka) was incorporated in the Republic of Latvia as a joint stock company “Multibanka” in 1994, in Riga and is licensed as a bank offering a wide range of financial services to enterprises and individuals. The legal address of the Bank is Elizabetes iela 57, Riga, Latvia. In 2011 the Bank opened a branch in Vilnius, commencing operations in the Lithuanian market.

Headquarters
Elizabetes iela 57
Riga; Riga; Postal Code: 1050

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Website: http://www.mtbank.eu

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
Key Executives
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Board member
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Board member
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Member of Management Board
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Member of Management Board
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Chairman of the Board of Directors
Ownership Details
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42.23%
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25%
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9.99%
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9.97%
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6.38%
Subsidiaries
Company Performance
Financial values in the chart are available after Industra Bank AS report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net interest income
-51.27%
Net fee and commission income
-26.56%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-11.68%
Total equity
-63.86%
Total Assets Trend
21.19%
Net Interest Income Trend
10.04%
Cost to Income Ratio
33.87%
Loans to Deposits Ratio
-2.61%
Loans to Asset Ratio
-2.44%

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